https://www.taxtmi.com/caselaws?id=361862 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under section 40(a)(ia) of the Income Tax Act, ruling in favor of the assessee. The discounts given to prepaid distributors were considered part of the distributor's margin, not subject to TDS as commission. The Tribunal emphasized the principal-to-principal nature of the transaction, leading to the conclusion that no TDS deduction was required. The revenue's appeal was dismissed, affirming the decision in favor of the assessee. en-us Fri, 08 Jun 2018 00:00:00 +0530 Thu, 14 Jun 2018 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361862 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under section 40(a)(ia) of the Income Tax Act, ruling in favor of the assessee. The discounts given to prepaid distributors were considered part of the distributor's margin, not subject to TDS as commission. The Tribunal emphasized the principal-to-principal nature of the transaction, leading to the conclusion that no TDS deduction was required. The revenue's appeal was dismissed, affirming the decision in favor of the assessee. Case-Laws Income Tax Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361862